secwatch.observer — SEC 8-K summary
======================================

Issuer:     Vroom, Inc. (VRM)
CIK:        0001580864
Form:       8-K
Filed at:   2026-02-06T23:59:59+00:00
Accession:  0001193125-26-040495
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 2.03
LLM model:  deepseek-v4-flash:cloud@v2

Vroom subsidiary UACC closes $225M auto loan securitization, notes rates 4.41%-7.77%
--------------------------------------------------------------------------------

- UACC sold $274.9M of subprime auto receivables to trust; trust issued $225M in five tranches of asset-backed notes.
- Note classes: A ($100.35M, 4.41%), B ($40.13M, 4.63%), C ($25.97M, 5.06%), D ($40M, 5.65%), E ($18.55M, 7.77%).
- UACC will service the receivables for a 3.25% annualized fee; residual certificates ($100K) retained for risk retention.
- ABS deal creates material long-term obligation; UACC is wholly owned subsidiary of Vroom, Inc. (VRM).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1580864/000119312526040495/0001193125-26-040495-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1580864/000119312526040495/vrm-20260205.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-040495

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer